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ARTIFICIAL INTELLIGENCE IMPACT ON ECONOMY
India's efforts to achieve 'atmanirbharta' in defence entering its second phase: Rajnath SinghIn his address at the plenary session of the Indian Navy's annual seminar Swavlamban 2026 here, he also suggested building a roadmap of spe...- US growth boosted by AI, but no sign of a turning point higherEconomists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business i...
- AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ riseThe latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial i...
- Goa Chamber of Commerce and Industry hails state's AI Policy 2026In a statement, GCCI president Pratima Dhond said the Goa AI Mission 2026 represented an important step towards building a technology-led e...
- Parliamentary Committee on Finance to examine 46 economic issues, including virtual digital assets, AI, in FY'27Parliament’s Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has selected 46 subjects for examination in 2026-27, incl...
- UK government sets out $800 million for AI security fundingThe biggest chunk of funding will go to a new biosecurity initiative, including £100 million for a laboratory using AI to detect biological...
- What kind of AI economy does India want to build?India's debate on regulating artificial intelligence is evolving and mostly focuses on copyright and economic incentives. Recent legal ruli...
- China calls for mitigating AI's impact on job displacementThe guidelines call for enhancing AI's positive effects on employment, such as creating new job opportunities and improving job quality.
- India-Poland strategic partnership should translate into JVs, says PM TuskPoland Prime Minister Donald Tusk emphasized the importance of moving beyond traditional trade with India. He advocated for deeper cooperat...
- US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb inves...
- Major new US regulation on AI unlikely despite rising political focus: UBS ReportIn the United States, significant regulations on Artificial Intelligence appear improbable, as economic optimism prevails. This technology ...
- Qualcomm may cut 600-1,200 jobs in India as part of global restructuringQualcomm has not disclosed the scale of the planned job cuts or the number of positions that could be affected, and it did not respond to E...
- When AI makes 'money irrelevant' what happens? Elon Musk answers how humans will stay 'happy' in a future with automation and space travelElon Musk believes advances in artificial intelligence, robotics and space travel could eventually make conventional money less important b...
- Global Market: BOJ's Himino says Japan inflation near 2% target, signals further rate hikesBank of Japan Deputy Governor Ryozo Himino says underlying inflation is nearing the central bank’s 2% target, while accommodative financial...
- AI challenges maths by solving the unsolvableThe recent surge in artificial intelligence capabilities has resolved a number of long-standing mathematical conundrums, leading many mathe...
- Global Market: China backs IMF scrutiny of fiscal risks in major economiesChina backed the IMF’s efforts to monitor fiscal risks in major advanced economies and assess global spillover effects. PBOC Governor Pan G...
- AdaniConneX's Vizag data centres to use air cooling, cut freshwater consumptionThe facilities will have dedicated industrial water connections rather than draw supplies from municipal lines, a move aimed at preventing ...
- IMF members call for more support amid war shocks, 'advanced intelligence' risksThe International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, m...
- US Market: Fed's Goolsbee says latest US inflation data is discouragingFederal Reserve Bank of Chicago President Austan Goolsbee called the latest US consumer and producer inflation data discouraging, raising c...
- Indian Embassy in Indonesia introduces AI avatar "Dewi"The Indian Embassy in Jakarta has launched an AI avatar named Dewi to enhance connections between cultures. This digital initiative offers ...
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